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players threatened to go on strike over plans for a new super tax on the richest people in france. let's aw at this hour, star with the latest leak from former nsa contractor edward snowden. says theington post" national security agency has been hacking be data links that connect google and yahoo! around the world. laways the agency skirt the by collecting data from millions of local web users via underwater fiber-optic cables. kate moody explains. >> world leaders, foreign citizens, and internet giants, the latest victims of the national security agency's surveillance programs according to intelligence linked by edward snowden. the nsa has admitted to the program to access internet user accounts but described new reports that infiltrated yahoo! and google databases as factually incorrect. breakings not an essay into any databases. it would be illegal for us to do that. -- does collect information on terrorists and our national intelligence priorities, but we are not authorized to go into a u.s. company's servers and take data. we have to go to a court process for doing that. >> but th
by rebels. >> taxing times for the super rich in france, footballers threaten to strike. >> i have the sports, including: >> it's been 95 years in the making as the boston red sox win the world series at fenway park. >> a top story out of syria, an important milestone has been reached in the effort to destroy syria's chemical weapons. the world's chemical weapons watchdog says all of the declared facilities for producing the weapons have now been destroyed. while the international community has focus said on chemical weapons, 1 million syrians currently live undersiege in their own country. many struggle to survive, and take shelter when they can. for this resident, feeding her family is a life threatening task. >> as you can see, we're a big, extended family. there are 30 kids here. i, my daughter and her kids, we have no one but mighty allah. this has been home for us for three months and we get two bundles of bread a day. one girl came home late yesterday, almost 11:00 at night. she went to the camp to bring bread. it cost nearly $4. my daughter went to the camp to bring flour,
. look at this, judicial watch reports that former irs official lois lerner shared confidential tax info with the federal elections committee. if true, that would be a felly. 48 million people on food stamps facing cuts in the program. 36 bucks a month. 420 a year cut. last item, french soccer going on strike. the reason, french president hollande won't give the teams and players an exemption from that 75% tax on million dollar sales, they're striking. we haven't forgotten about your money. it's all about tech. apple's new ipad on sale today, that and more obamacare bombshells in a moment. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 super fiber. ♪ we need a little christmas right this very minute♪ >> i suppo
. >> and would you pay extra for soda? the push for an extra tax in one bay area city. slavery, if he had to. he s- he wasn't serious, and his s f context. >> a nevada assemblyman is coming under fire for saying he would vote for slavery if he had to. he said he wasn't serious and his words were taken out of context. we dug up the video and you be the judge. >> if that is what they want, i have to hold my nose and bite my tongue. but yeah, if that is what the citizens want who elected me, that is what they elected me for. >> nevada's governor and several senators called the comment outrageous, insensitive and wrong, and they want an apology. >>> google is up to something big on the bay, we told you about their top secret project on treasure island that involves a huge barge and in an kpix5 exclusive, allen martin says there may be more. since the story last ran on friday, word has surfaced of this second stricture being built in portland, maine and possibly a third in connecticut. the director that would issue permits to google has heard of multiple vessels. >> as far as we know, this is the onl
in the private marketplace are, one, requesting to be comprehensive. two, you are going to have tax incentives, tax rebates for millions, as many as 6 or 7 million americans to get into this program. so they can get health coverage. >> who pays for that, julianne? who picks up the tab on rebates? >> that was part of the aca, that was part of the law. that was part of -- it comes through a tax rebate. >> let's talk about where the money comes from. originally when president obama pushed this, and turned a bill into a law, the cbo said it was going to be about $900 billion. now, they have upped that. the cbo has under that number to $1.8 trillion. we are not even talking about these additional insion incentives and rebates which is only going to add though that number. >> one how is it paid for tax increases like the medical equipment tax and increase on capital gains. there is no question there are some taxes that are paying for this secondly, the cbo also made it clear that the healthcare law was going to be a net reducer in terms of our federal deficit. >> julian, i have toil, president obama
to push back the original deadline. americans have until march 31st to sign up and avoid tax penalties. the website to sign up has been plagued with technical glitches. >>> it's a story that's shaken up a community on the peninsula. an alleged drunk driver killed a couple out for their evening walk. a 54-year-old woman had health issues and now will appear in court tomorrow. her brother is saying she's not the animal she's painted out to be. >> reporter: the 54-year-old woman did not appear in court today for her arraignment on two charges of vehicular manslaughter and two felony counts of driving under the influence causing bodily injury for allegedly hitting another vehicle injuring two teenagers inside. friends continued to show up. moments after judge jonathan put the issue over because she was having a medical issue. his sister has no idea what happened thursday night and doesn't believe she killed anyone. >> is she an alcoholic? >> pass. she had a mental breakdown. she's going through it. you know what i mean? whatever brought that on, she had been without drinking for 16 days. >
-like participation tax. >> we are agreed that both sides want to seek to get the tax introduced at the european level. we fear to dissemble -- it is a symbol of social justice. >> both sides also agreed to take steps to silence the eurosceptics by seeking to return more responsibility from brussels to the eu member states. the parties have yet to agree on how to deal with troubled banks. scenese scenes -- sweet are made of this. the catwalk creations are made of the world's favorite sweet treat. a number of celebrities joined in the fun. wimbledon tennis champ marion bartoli model this fetching dress in dark chocolate. -- modeled this fetching dress in dark chocolate. a real fashion feast. >> three giant mirrors were installed to direct the sun rays into the valley. they eliminate the town square, an area the size of three tennis courts. >> fantastic. i never thought it would be this good. >> the idea for the mirror states back 100 years but was never implemented. sponsors were found to cover the cost -- some 600,000 euros. locals hope tourists will now no longer avoid the town in the dark winter mon
of journalists reactive turkish lawmakers breaking the headscarf taboo in parliament. andy taxing times faced by french footballer whose bosses are threatening to strike over seventy five percent tax on wealth above one million euro loss of getting out of the leaders from james credence in our media watch second study art in the newsroom it's a low once again to not be a chart clarion calls levies on headlines they sound intelligence officials say they needed the pakistani taliban has been killed in a suspected us drones truck humans are causing to put a dent in the pas. this time in sentences that to be planning his funeral. the resistance from the syrian opposition peace envoy. he was against new delays in peace talks sharon's departure is the main obstacle to getting all psyched to the negotiation table. in reality he is in washington president obama for assistance be back later and said to finance a country suspected cause of the growing unrest that the war. yes this developing story coming out of the us the suspect is said to be in custody until sunday's international apple. today is fri
of patients that their personal information may be part of a huge tax scam. it's the latest example of a booming type of fraud, one that could cost a -- all of us a lot of money. most of the victims were patients of the orange county health department in florida. investigators came across a hand written list of names, patients who were targets of the scam. patients' personal info was storm, which the scammers used to submit fraudulent tax returns. when the government sent out refund checks, investigators say the crooks pocketed the cash. this is nothing new in the sunshine statement florida has the highest rate of this type of scam, but it seems a refund fraud is becoming a bigger threat for all of us. tax scammers last year tried to steal $6.5 billion from up suspecting victims, according to the irs. phil keating is live. do prosecutors -- florida health department workers. do they know if prosecutors were in on this or what's the story? >> reporter: they're think can that possibly the former health department workers, who according to the federal complaints, have already boned out
will discuss a new tax on soda. scott weiner now lobbying for a 20 cent surcharge on each can or bottle sold here in the city. the money would pay for health, nutrition and activity programs for young people. >> as long as i know for sure it's definitely going towards that program and definitely going towards that cause then, yeah, i'd pay for the tax. >> sugar is terrible for you. i feel like people would stop drinking sugary soda if it was 25 cents extra. similar tax measures were defeated last year in richmond and in los angeles county town of el monte. >>> the snow is coming down. more than a foot has fallen in the highest elevation. ian schwartz with more on the season's first storm. >> a week ago we were dealing with temperatures near 80 degrees up here in the sierra but now snow are reminding drivers winter is not far off. >> weeks of sun and warmth tooshg a backseat to temperatures and snow today in the sierra. >> it was quite a change. >> scenes like this make snow junkies like jason smith sal fing. not everyone was welcoming the winter blast, though. traffic came to a crawl as i-80
is lobbying for a new tax. a 24-cent surcharge on each can or bottle of soda sold in the city. it would pay for health and nutrition programs for young people. >> yeah, as long as i know for sure it is going toward that program, and definitely going toward that cause, then yeah, i would be okay with it. >> sugar is terrible for you. i feel like people would stop drinking it if it was 25 cents extra. >> the idea needs support for the majority of supervisors. similar tax ideas were turned down in other surrounding areas. ingly don't need someone to tell me that sugar is not good for me. i don't need that. >> you can't do do it yourself. >> i need to be taxed to know. >>> if the rams beat seattle. >>> if the rams beat seattle. the 49ers will be ,, are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of th
and says it's worth $40 a share. there's the alibaba ownership. that's after tax affecting it i think. and you get to $40 -- $6 a share for the core business. we shall see. but i will tell you this, alibaba growing as quickly as it is will be fascinating to see when it does come public. that will be a first half ipo. again, the filing still expected in the first quarter. you actually get the offering then, unclear, but let's assume it's the first half of the year. another key that yahoo! shareholders need to be up on, can they figure a tax efficient way for what it doesn't sell, may sell as little as 9% and therefore have a good remainder of alibaba, which is shocking, $190 billion. >> it's killing it. >> killing it. ebidta growing. it puts twitter to shame. >> as for the bernstein call, what if the core value does improve? >> here's the issue for me. wrooef se we've seen these over and over again, internet companies and people go crazy. i don't know what to pay for alibaba. i don't. if it's real, and it sounds real -- >> it's real. this company is generating enormous operating profit
for young people. >> i vote for the tax, yeah. as long as i know for sure it's definitely going toward that program and definitely going toward that cause then, yeah, i'd pay for the tax. >> sugar is terrible for you and everyone drinks sugar all the time. i feel like people would stop drinking sugar y sodas if they were 24 cents extra. >> the idea would need support from the majority of supervisors to get on the ballot. similar measures were defeetd last year. >>> and protesters plan a rally today against another one of scott weiner's proposals. this time, the supervisor wants san francisco parks to close between mid niethd and 5:00 a.m.. the idea is to stop vandalism and theft. protesters say the plan targets homeless people. today's rally will be at noontime at city hal. >>> celebrity chef guy fierri took the stand against bay area teen accused of stealing his lam boar gee knee. max is accused of repealing into a san francisco car dealership in 2011 and stealing the $200,000 car to impress a girl. fieri spent five minutes on the stand yesterday telling the court he never gave permis
years. the transformation will generate $3 million in taxes for oakland. >>> new information about the chaos and confusion in castro valley after workers abandoned patients at an assisted care facility. here's an excerpt from a 911 call made by a staff member who stayed. >> is she breathing? >> yes. >> so we don't know what's wrong? he's just not looking well? >> what is wrong? >> valley springs manor shut down for two days last week. patients were inside with no staff to take care of them. except a janitor and a cook. that job included helping amputees the bedridden and mentally impaired. authorities are searching for the staff members who abandoned their post. >>> fans of gadgets by cupertino based apple converged on the company stores to get the latest version of the ipad. in new york, hundreds lined up before dawn yesterday at the flag ship apple store there on fifth avenue. and then celebrated when it opened. similar scenes played out around the country. the ipad air costs about $500 which is more expensive than competing tablets but reviews have been positive. the new ipad we
. he says i'm only going to tax the rich and he defined them as anyone who makes $500,000 or more. last time i heard that, barack obama said it in the payroll tax went up in the middle class always gets hit the worst. neil: you mentioned something as well. and no response back. to this isue, the biggest employer in the city, the reverberations could be that they start charging more for loans and this is something that will impact the country when he was mayor of the city. >> they expect that the banks don't have to be in new york and it can go anywhere and any other one of the 49 states. we have seen this happen over and over again when i was growing up in the city and you drive up on the way to new england, the only thing in that area was the marriott hotel. neil: yes,. >> every single one of those used to be in new york city. neil: i get annoyed with the arrogance of those tried-and-true new yorkers would say what also they going to go, this is the place to be, which is your point with them and others, the goal and leave the entire country to switzerland or hong kong. >> jcpenney is t
voters get ready to decide if they will raise their own taxes. ,,,, the great american novel. so you can happily let life get in the way, while planning for tomorrow. so you can finish the great american novel banking for the life you have investing for the life you want chase. so you can female narrator: it's posturepedic versus beautyrest it's posturepedic versus beautyrest with up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years' interest-free financing. mattress price wars are ending soon at sleep train. ♪ your ticket to a better night's sleep ♪ for 13-year-old andy lopez. >>> protestors marching right now for a second straight day in santa rosa demanding justice for 13-year-old andy lopez. an investigators told the "san francisco chronicle" that the deputy who shot and killed lopez last week can't remember if he identified himself as a deputy before that shooting. our own ryan takeo with more on the tense moments leading up to the teenager's death. >> reporter: now investigators are releasing new information about the case and it's raising a big ques
the shooter at a nightclub this weekend. a city supervisor floats his idea for a tax on sugary drinks -- in front of the board. we have new information -- and a response from the beverage industry in hopes of making shoppers feel safer on the streets of oakland's chinatown, a local businessman is bringing in private security. kron 4's dan kerman has more. it oakland police say they are happy to have the extra set of eyes. and oakland's chinatown dan carmen, kron4 knows a. >>james:police are hoping to identify four people who might be connected to a shooting at a campbell nightclub over the weekend. this surveillance video from "the spot" night club shows someone walking behind the man in a cowboy hat. then you see another man and in a couple of seconds -- a man and woman walk through the door. the incident began around 2 am - when an employee asked a group of men to turn down their music in the parking lot. that's when one of the men reportedly shot the nightclub employee. police say the group ran off -- and they have not been arrested. the employee was taken to the hospital and is ex
'm assuming, as i pay my taxes, that they're listening to everybody. >> yes, i hope so. and who is that lady that -- >> what they're not doing, i'm assuming, is taking notes. i think where we went wrong with the u.s. administration, joe, they wrote it down that they were listen to go angela merkel. >> that's what happens. who's that lady that tells daniel craig what to do? >> m. >> she knows, right? >> yes. i'm just trying to get this straight. the germans, they're rich. the germany at this point is -- it reminds me of cas casablanca. germany has not earned its spying outrage with all of their arms dealings and all the -- anyway, we get involved in everything over here, ross. >> there was a report yesterday, annette talked about it out of frankfurt. there was one report in the german press that said it may -- because of hangovers from the laws post the war, it may not be illegal for the u.s. to spy on the -- to listen in on the german fwoft. so there is some debate about whether the u.s. has broken any german law whatsoever. >> right. anytime you guys want you to stop funding nato and protec
but they will have some new options for those who want to cover their employment and new tax credit possibilities. for large employers, 96% already cover their employees. the penalty that you're constituents referred to is not a penalty that is imposed in 2014, it is being discussed with businesses about what kind of information is exchanged and it will take place -- >> i thank you. he's going to use the gavel on me if you don't hush. i yield back my time. >> how much time -- the chair would recognize the gentle lady from california, miss eshoo. >> welcome, madam secretary. you're a distinguished woman, you have distinguished yourself and your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely 1,000% consistent. you love what's wrong with the web site and you detest what's working in the affordable care act, and i think that that is on full display here. but let's get back to the web site because that's what the hearing is about. it's my understanding that november 31st is the -
. >>> san francisco's city supervisor set to introduce a ballot measure that would tax all sugar beverages sold in the city. if voters approve soda tax, a 24-cent tax would be added to every can of soda sold in san francisco. the money will help fund health and nutrition programs for children and would generate $31 million in revenue. >>> paul, it seems leek it has been forever since we had some real weather to talk a. now we have winds and cooler temperatures. >> reporter: it all comes at once. bm, then comes sunday, front. wind gusts every where. saw about 30 to 40 miles per hour wind gust at a minimum. some of you got to 75. high winds, big problems around the b. let's take you to antioch. a woman thought an earthquake shook her home. turn out a tree pierced through the roof of her sister's home. in tracy, the wind flipped over six trucks. make matters worse, a lot of dust out there, too. >> it does. that is the wish shoe people are talking about. the dust is like they are driving in the fog. it becomes like black wall in front of you. >> also, in emeryville the wednesday took down some
supervisor today introduced a ballot measure to place a tax on sugar drinks. supervisor scott weiner plan would tax all sugar benches at 2 cents an ounce with cost of can of soda 12 ounce can go up 24 cents. it would wrist an estimated 31 million dollars a year for health and nutrition programs in the city. but small business owners say a tax like that could hurt their sales. supervisors approve it it could go on the 2014 ballot one year from now. >> well, nearly half dozen film production from movie to television series have been shot in san francisco this yea year. and one supervisor wants to keep that momentum going. the plan is to boost the city rebate program that provides financial incentive to hollywood. here's of carolyn tyler. >>reporter: san francisco has a film legacy but these days places like new york, new mexico and vancouver offer movie maker big buck and san francisco has to compete. the producer for new hbo series called looking about the lives of 3 gay men. they were shooting today in tiburon. but most of the action is in san francisco and the city financial ince
supervisor introduced a ballot measure to place a tax on sugary drinks taxing all sugary beverages at $0.02 per ounce. meaning costs of soda would go up $0.24, raising estimated $31 million a year for health and nutrition programs but small business owners say a tax like that could hurt their sales. if approved the proposal could wo go on november, 2014 ballot. staying in the city, nearly half of a dozen film productions from movies to television series have been shot in san francisco this year. and one supervisor wants to keep that momentum going. the plan is to boost the city's rebate program providing financial incentives to hollywood. we are live at city hall tonight. it's lights, camera, hearing there tomorrow. isn't it? >> that is right. and think about this.çóe1 blue jazzmen, m bpprodu the film rebate program. tv series are included and now, one supervisor wants to keep up with what he calls an evolving industry.. san francisco has a film legacy. these days places like new york, new mexico, and vancouver offering big bucks and in san francisco, they have to compete. cat lansberg
. this is what i mean by rude awakenings. people are signing found for insurance, getting tax credit subsidies funded by taxpayers. irs already telling us they're confused about how to do this you're not telling us whether or not you're proactively determining whether say under 26-year-old is actually eligible for the subsidies you're trying to sell them, and the problem is, once we learn whether or not they were eligible and if they weren't, people in booed faith will be signing up for subsidies they're not actually eligible for. >> i think you're asking a different question which is, are we doing 100% income verification? >> and subsequent eligibility verification. >> yes, part of the question in the application process are you dependent on your parents? are you dependent on your parents's tax plan? that is part of the question that goes on. if so we move them in this direction. but more importantly, part of what you're asking is the income verification which is done in 100% of the cases. >> i'm not asking about income verification. >> okay. >> i'm asking about if a person signs up, were the
bubba paris could spend the next year in federal prison for not paying his tax. paris played nine years for the niners and won three super bowl rings in the process. since 1985, he has been the ceo of his own business, paris enterprises, yes does motivational speaking and sell photographs but according to the u.s. attorney, he failed to pay tax on $182,000 of income from 2006 through 2008. paris, whose real name is william h. paris jr. pleaded guilty to three misdemeanor counts and will be sentenced in federal court in february. >>> well, small group of protesters held what they call a trick or treat protest in oakland today. they claim congress is tricking low-income families by cutting their food stamp benefits. abc7 news reporter carolyn tyler has the story. >> reporter: some dressed in costumes for halloween, but say the real trick comes tomorrow for more than 47 million americans. a temporary hike in food stamp benefits put in place in 2009 during the recession goes away. in california, more than 4 million people will be affected. 67% will be house hordes with children. a maximum m
drinks. city supervisor scott weiner is proposing a new tax. today he'll suggest a two- cents per ounce tax on sugary drinks. a can of soda, for example, would cost 24 cents more. the money would be used to pay for health programs for the city's young people. if approved, the proposal would go on the november ballot next year. the cost of building the new arena for the warriors in san francisco continues to go up. warriors owners say the coast to rehabilitate the pier which the arena will -- the cost. sit on is costing as much as 170-million- dollars. that is a lot higher than they had originally planned. the team is also facing a shrinking time frame to get the project completed for the 2017 to 2018 sesaon. that is when there lease on runs out at oracle arena in oakland. the new arena would include an 18,000-seat arena, two parking garages, a hotel, two condominium towers and retail space spread across the 13-acre pier. the warriors are playing tomorrow and we will speak with sports with gary radnich coming up his stanley roberts and people behaving badly. taking this live look at s f
, the latest from the belt way just said. >> looking to with to bring in tax revenue but judge andrew napolitano says it is an invasion of privacy and it could change life as we know it. lori: looking at the business of helsinki and the still showing no sign of slowing down and you won't believe how much we expending on costumes for our heads. actually i would. adam: you would? when a and guilty as charged. adam: the dow is positive. >> at the halloween. the dow is down 9 points. we have the nasdaq and the person the in the green on this final day of a great month of october. the broader market 4% this month. we will take it. you with a nearly year there is concern that the fed won't be as inclined to keep the stimulus coming as long as we are hoping. release solid midwest manufacturing number is bolstering that belief, the dollar up, commodities down and that is where we are trading today, stock has been all over the mack in after-hours after the earnings report, stock as much as 18% and when it opened this morning was down 5%. now you can see a green arrow, there is concern in despi
, you're taxing us to death. we did a big payroll tax revision as a result of that. there is just simply -- i think a relationship where there's no quid pro quo, we do it for good policy reasons that we articulate and are clear about. and that's the way we should be running government. that's also the way we should have that clean relationship with businesses. >> mayor, [speaker not understood]. >> yeah, i mean that's why we hired mark tuitu for [speaker not understood]. my competitive spirit with mayor bloomberg in new york, rahm emanuel in chicago, we're always exchanging information about you got this, you got that. our staffs and our department heads do the same. , and so, we're always saying, they did this. how come we can't do that? and the message gets shared with neighborhood leaders as well ~. so, i get this a lot from neighborhood leaders, how come we don't have wi-fi in all of our parks? how come you always concentrate on golden gate, for example, but not on balboa? these are the kind of things i think we're wanting to make a statement on. i think, for example, our police depa
that they companies -- that big companies do not like either. they are going to tax them out of business. arizona, big mesa they have thousands of cars completely wasted and crushed. host: thank you for the call. a political note from the hill -- paper an ad is airing tomorrow that uses past statements, slamming charlie crist. he was once theory governor of florida as a republican. he will enter as a democrat after filing the necessary paperwork on friday. details online at the hill.com. our newsmakers program is focusing on the farm bill with tom vill sack -- with tom vill ilsack. tom v conversation, why the farm bill is important -- [video clip] investing literally billions of dollars in business development. money is going to be invested in renewable energy and bio-based products. it is a research built. it will provide resources to universities to come up with new innovations. because of our research initiatives, i think 360 four patent applications have occurred just from usda sponsored grants. it is a conservation bill and an ability to protect our soil and water. it is a trade bill. this create
pass a budget that cuts things we don't need and closes wasteful tax loopholes that don't help create jobs so that we can free up resources for the things that do create jobs and growth. building new roads, building new bridges and schools and airports. that creates jobs. >> meantime, republicans are doubling down today on the problems that be have plagued the obama care website with senator dan coats of indiana delivering the weekly gop response. >> too many americans still cannot even access the online exchanges and for the few that have, their experiencing sticker shock. the president told us that obama care is more than a website. i agree. it it is more than just a website and the problems run far deeper than a few technological glitches. >> well, the white house released a progress report late friday on the website fix saying it is improving with users now waiting an average of less than a second for pages to load compared to eight seconds in the first few weeks. teams are working to improve the application process and increase system speed and efficiency. another round of fixes
earnings in the extended hours tonight. the third quarter of 2013 after tax operating income attributable to aig of 1.4 billion after tax operating income per share, 96 cents a share. stock down. ceo bob ben mosche will be with me. what does dan niles know about facebook the rest of wall street doesn't? >>> plus, haunted towns? big winner of our day, long quest to find the best home in the spookiest town. queen of real estate will be with me. you're watching the "closing bell," on cnbc, first in business worldwide. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade-proud to be ranked "best overall client experience." >>> welcome back. a month for stocks. the dow and s&p 500 both hitting all time highs in the month of october. nasdaq pushing
, depreciating rupee and rise in inflation. add to that a high import tax on gold makes it even more expensive for indians to buy gold in rupee terms. traders say that's concerning given that india is the biggest buyer of gold, making up 20% of world's consumption. typically gold shares rise 2% around the volley. but this year we aren't seeing that big move in gold. according to the local merchants i spoke to in new delhi and mumbai, they're considering alternatives like silver. silver won't be able to fully replace gold's important role in weddings, religious events and festivals. experpts say regardless of the current state of the economy india will always have an insatiable appetite for the shiny yellow metal. demand just might be lackluster this holiday season, maria. >> thank you so much, seema. stay right there. we want to bring in a pair of gold experts for their take. >> dennis gartman. he's been long gold. paul sachs has been bearish. dennis, you'r long call on gold is that based on supply/demand. outlook on inflation? all of the above? what makes you like gold at these levels? >> fir
in lucrative tax credits for the phony studio. capital roan's daughter, for example, according to the -- calderon's daughter for example according to the documents produced was given a job at the studio paid $30,000 according to affidavit but never showed up for work. when a correspondent confronted calderon about the allegations, this is how it went. >> the fbi alleges that you have accepted bribes in exchange for supporting legislation. >> it's, uhm, that's, uhm, like i said, i'm not going to answer anything right now. >> you're an elected officials state senator in one of the largest states in the country. don't you think the public has the right to hear from you? >> sure, they will. >> when will they hear from you? >> they hear from me all the time when i'm in the district. >> you're holding up a badge bragging about this is your "get out of jail free" card your pass and use it like a badge. what did you mean by that? >> i don't know what you're talking about. >> you were standing right there at the greens in pebble beach. >> please. gentlemen, i'm not going to be discussi
got paid yesterday, with a $30 million annual contract. that works out to $24 million before taxes. >> before taxes. >> before taxes. >> i'm going to call my agent and figure out how to get that. >> on friday, the eagle was soaring for kobe. and he's injured, not even playing right now. sorry he got injured. but that's a nice paycheck to take home. >> must be nice, huh? >> i'm imagining. >> thanks, ron. >>> time for a check of the weather and over to ginger zee. >> hey, guys. unsettled is an understatement as for what's been happening along the east coast the last two days. stowe, vermont, ahead of the front. 73-mile-per-hour wind gusts. flint, michigan, behind it, had gusts up to 43 miles per hour. let's see what happens with all of the winds. just west of boston, weldly, massachusetts. trees down, power lines and power outages in that area. so much nicer today in boston for the red sox parade today. in flint, we talk about wind gusts about 45 miles per hour. and they had big issues, too. the video almost looks the same. but it's before and after the front goes through. either way
tax hikes scheduled for april will not deal a serious blow to the economy. >>> japanese companies are reporting strong earnings for the april to september period as a weaker yen is boosting their profitability. the earnings season has peaked, nearly 20% of those listed on the main board of the tokyo stock exchange reported on thursday. a survey shows the total ordinary profit of the companies that reported earnings by wednesday rose 45% in yen terms compared to a year ago. 29% of those companies have revised upward their full-year profit projections through march 2014. struggling electric appliance companies are also making a sharp comeback. panasonic reported a net profit of $1.7 billion for the april-to-september period. that's a record high for mid-year earnings. the company sustained a loss of nearly $7 billion in the same period last year. meanwhile, sharp's operating profit rose to nearly $350 million, that is a huge improvement from a loss of $1.7 million posted a year ago. and sony saw a jump in operating profit by 40%. helped on by strong sales of smartphones and the yen'
the alcohol donated by department of taxation the booze seized from people who don't pay taxes on alcohol. >> well, tonight a study suggests dogs can respond to the tail wags of other dogs happy dogs wag more to the right. nervous swish to the left. the study involved dogs watching films of other dogs when animals saw a dog move right, they stay relaxed of a flick to the left caused the dog's heart rates to speed up they looked anxious. interesting. >> there is a joke in there but i'm not going to go there. >> coming up, just in time for halloween, what one group says is the scariest movie of all. >> it's throw back thursday. we're posting photos of members of the abc7 news team in their childhood costumes. go to our pages to make a to those who've been waiting welcome to covered california. the place to find quality, affordable coverage, and nobody can be denied because of a pre-existing condition. enroll today at coveredca.com. >>> coming up at 6:00 down fall of a state senator and the role twitter may have played. and a way to help athletes recover from injury. some are giving it a fro
who pay for it are not consuming it on the margin and that is a huge tax wedge and it will drive it straight down. dagen: the subsidies will be provided before the sick will be subsidized. there are two ways to get paid for it. connell: it was nice to have you today in the studio. >> it was nice to be in the studio. dagen: get your butt up to new york. >> i love it. connell: get the tape. thank you. >> thank you very much. connell: the markets today. slashing some 49,000 jobs due to a slow mortgage business named the top job cu cutter for the mh of october. those are numbers in from the outplacement firm. but what is the risk to other job creators and how will it affect your portfolio? let's talk about that. his investment strategist, the chief trader there in washington, d.c., where all the action seems to be lately. what about these job cuts in the financial sector, what is the effect? >> we should not be surprise at all. this is what has been happening for most companies and for the financials over the last two years. companies are growing earnings without growing revenue so h
of the details. according to reports, he was questioned by police because of tax evasion, forced to sell artwork at greatly reduced prices. the most expensive artwork sold at auction. the issue of restitution has been, sold for millions at auctions have been at the heart of disputes between current owners and those who claim were the original owners but forced to give up their property to the nazis. this was the case on the 2010 knowledge artwork the an, masterpiece that have not been seen in public for decades. sonia gallego, al jazeera. >> i'm dave warren. we are battling it out between the warm and cold air in the midwest, will really start to take place between tonight and tomorrow. snow coming down that's the forecast, we have winter weather advisories for nebraska and colorado, heavy snows expected around minneapolis, overnight tonight, by tomorrow that snow will be coming down. doesn't look like much on the radar now, the storm not even developed yet. there's a lot of moisture from the south, there rop cal storm from gulf of mexico, and cold air from the north. timing, overnight tonight s
navigate the new healthcare exchange. >> you would qualify for a tax credit for $362. lenardo works part time and doesn't get health insurance knew his job. resort communities like summit have had higher premiums than the rest of the country. and so far obamacare has done nothing to make the people prems less expensive. >> how many people have you enrolled? enrolled. >> not one. so far everyone has looked at the rates and walked out the door. it's sticker shock they can't afford it. i'm crossing the divide from clear creek county to summit county and my healthcare costs has gone up 50 first. o. 50%. summit county has the state's highest premiums. right next door bolder and den vefedenver have the lowest. >> frankly when people have ill illnesses and health issues they come to the denver metro area for treatment. >> the map can't be redrawn until 2015. >> because the plans have been certified, they have been looked at and they been calculated based on the data for the entire state. you can't change one county and not affect another county down the line. >> poli summit of wants a waiver fo
and consumed in private residence but public consumption remains illegal. your tax dollars going to foreign flights. washington is meeting to discuss this very idea. jolene kemp from the fox business network is here to explain this. what does this mean for us? >> they are bidding for hundreds of millions of dollars in u.s. loan money to require boeing. the import bank meets today whether discuss whether the airlines can receive a loan to purchase 6 boeing jets. they have a record of safety problems reliability issues and did not turn a profit in august 2009 report said the united nations asked the staff to avoid the airline entirely. it has given 84 percent to boeing. the apple iphone was supposed to have longer battery life but the battery is training quickly. the company did not say exactly how many were defective but in apple sold 9 million iphones the most ever in a single launch. it has faced battery issues before with the lap top. it duds not effect the safety of the iphone batteries. >>> lovers of mcdonalds coffee will be able to brew their morning joe at home. it will test sell pack
to impose a 75% tax on those earning more than 1.4 million, which would affect all the top players. the 20 clubs in france's top tier say they'll strike at the end of november in protest because the new tax makes them unable to compete at a european level. there'll be no exceptions made for footballers. >> russian csk moscow have been told to close part of their stadium because of racist behaviour of their fans. manchester mid-fielder tourez says he was subjected to racist chants. european football's governing body ordered the partial closure for the next champion's league game against bayern munich on november the 27th. >> an incredible game in the spanish premier division. real madrid bounced back. gareth bale the world's most expensive player was labelled a flop following a performance against barca. he did score the opening two goals. they fought back, trailing at half-time. a hat rick from cristiano ronaldo sealed the 7-3 win. roma's top in italy's serie a, looking for a 10 wins from 10 when they play the bottom side. there was a full card of action on wednesday. nappaly second with t
pay social security taxes. >> for every one dollar in benefits, we generate two dollars more in economic activity. so social security is not only critical to the individual, it's critical to the entire economy. >> the social security administration also says about 10 million americans will pay higher taxes next year. in new york, laura engel, fox news. >>> it's a mystery that's had many buzzing, what's going on with the barges in san francisco? now the mystery is solved. what this barge has to do with the popular search engine google. google. stay with us. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms, plus has a decongestant. [ inhales deeply ] oh. what a relief it is. i got this. [thinking] is it that time? the son picks up the check? [thinking] i'm still working. he's retired. i hope he's saving. i hope he saved enough. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. whether you're just starting your 4
really bad. if you think of george h.w. bush with the no new tax, read my lips, and quhwhat's coming out,e stories that they knew in advance it was a lie, they knew it was untrue, whatever you want to say. and by the way, these arguments only 5%, only 15 million people, every time you have a story like in the "wall street journal" this morning about a woman with cancer is losing her doctor, her insurance, these things ripple everywhere. there a reason the president -- can you imagine? what did you think the president was going to do, go out and say told you a fib, vote for mcauliffe, he's a great guy. his numbers are going down. they are very sulucky this is coming so late in the game. >> if terry mcauliffe becomes virginia's next governor, democrats will pounce on that and say these naysayers about the health care law, they failed. it's not that bad. look what happened in virginia. what do you think? >> well, every contest is a choice between the two major party nominees. and this one is no different. there is a libertarian running. but he doesn't figure into the likely winner's circle.
their support. their tax exempt status including the big hospital up in boston that's where, what is it, the patriots, new england patriots get their rehab done. >> that's right. it may lose its tax exempt status. sort of under the microscope under obama care. >> unbefore the boston -- in fact, the last boston marathon victim who had to have a leg amputateds a result of the boston bombing, there he is sadly, it's called the spalding rehabilitation hospital. it's run by a 501 c 3, non-private hospital. under obama care, one of the sicious obama care would provide charity to people coming in off the streets that don't have healthcare coverage. now that law because of obama care scrutinized where they are having to roll back the charitable contributions they give to the community in the case of folks that come in off the street that don't have health insurance. >> former president jimmy carter whose name has become synonymous with oppressing attacked obama care yesterday saying this doesn't work very well. when jimmy carter calls you ineffect actual that's 6 people signing up because the w
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